China Shuns US And Invests Direct In Iran Oil-Fields

Here is the fundamental question for China:  with more than $3 trillion in reserves, would they more likely invest in buying more USDollars, which despite its global reserve currency status, is a decrepit numeraire, or would China more likely investing in securing natural resources (e.g. oil, minerals) to sustain its industrial might today and into the future?  Gee, what a hard choice.


http://www.zerohedge.com/news/china-shuns-us-and-invests-direct-iran-oil-fields